Alameda moves $16 million in Solana's SOL token for possible creditor distribution
CoinDesk·2h ago·Neutral
What Happened
Bankrupt FTX's sister company Alameda Research unstaked approximately $16 million in Solana tokens and transferred them to an address linked to creditor distributions. This mirrors a similar movement made a month earlier. The action suggests ongoing creditor repayment processes tied to the firm's restructuring. Alameda currently holds about 3.5 million SOL tokens valued at $294.10 million. SOL trades near $82, down from its January 2022 all-time high of $293.
Key Entities
Alameda ResearchFTXSolanaSOLSam Bankman-FriedArkham